BBA//Fjeldco has demonstrable experience in the banking, finance and capital markets arenas, with a first-class track record in handling complex financial restructurings on behalf of major banks and financial institutions; the team counts Islandsbanki, JP Morgan and Barclays among its extensive client roster. Other core disciplines for the group encompass providing advisory services regarding capital raisings and public listings, creating complex financial strategies for M&A transactions, and handling reorganisation projects. Bjarki Diego has substantial experience in the space and lends his expertise to high-end M&A and capital financing transactions. He acts as practice co-head alongside Halldór Karl Halldórsson, who has been active on cross-border financing matters. Founding partner Ásgeir Ragnarsson is another important contact in the department, frequently representing the firm's top-end clients, while senior associate Stefán Reykjalín is a key name for regulatory, fintech and cryptocurrency mandates.

Lex Law Offices is vastly experienced when it comes to banking, finance and capital markets matters with a client list spanning both domestic and international institutions, including Digital Bridge and Capital Four Management; the firm advised the former on its acquisition of over 400 telecoms infrastructure towers, with the mandate led by corporate finance and debt restructuring expert Guðmundur Ingvi Sigurðsson. Practice leader Ólafur Haraldsson regards corporate consultancy work as a key strength, while Stefán Orri Ólafsson specialises in advising companies on disclosure requirements relating to regulated securities markets.

LOGOS remains a pre-eminent domestic firm for banking, finance and capital markets mandates. The team specialises in work across both high-end capital markets issues and regulatory matters regarding funding and borrowing. In terms of significant clients, the firm's roster spans both domestic and international financial institutions: Arion Bank, Landsbankinn, Citigroup and Goldman Sachs are key examples. Team co-head Óttar Pálsson specialises in M&A-related work and his practice has recently focused on acting as local counsel for international firms on Icelandic matters; in 2022, he led on a cross-border merger by way of acquisition. Fellow co-head Thórólfur Jónsson focuses on securities regulations and banking mandates.

ADVEL Attorneys at Law is home to an experienced team of banking and financing practitioners, regularly engaged on complex cross-border mandates on behalf of a client roster that includes Arion bank, Virðing and LSS Pension Funds, among others. The practice group frequently collaborates with international firm Allen & Overy LLP, particularly when providing advisory services to Arion bank, including on its €3bn EMTN programme. Practice leader Stefan Þór Ingimarsson excels in complex cross-border transactions and advises on the refinancing of domestic companies; he is supported by other key points of contact Dora Sif Tynes, Ragnar Guðmundsson and Bjarni Þór Bjarnason.

Banking and finance is a core practice at Juris, which exhibits a demonstrable track record across the full-suite of services in the space, spanning litigation, transactional work, regulatory issues and project financing matters. Large-scale project financing mandates remain a key strength of the practice group across a variety of sectors, including the shipping, fishing, energy, TMT and property development industries, among others. Three lawyers jointly lead the team: financial litigator Andri Árnason, tax specialist Halldór Jónsson and Sigurbjörn Magnússon. Ex-banker Simon Knight focuses on project finance, syndicated lending and financial regulatory matters.

The banking and finance team at Lagahvoll combines the practical knowledge of its deep bench of practitioners with industry-specific expertise across a range of matters emanating out of the sector. The practice group sees frequent work relating to bond issuances, borrower-side mandates, investments, risk reviews and crisis management issues. With a focus on company law, restructurings and private equity transactions, Daði Bjarnason jointly leads the team with fellow co-head Jóhann Sigurðsson.

Landslog – Law Offices acts on behalf of major banks and large domestic corporations on a full-range of matters in the space, noted for a strong track-record on bond issuances, including asset-backed bond issuances. The team counts Islandsbanki, Central Bank of Iceland and Hagar as key clients. Partners Jóhannes Karl Sveinsson, Jóhannes Bjarni Björnsson and Viðar Lúðvíksson jointly lead the banking, finance and capital markets practice group.